MANAGEMENT

Empire ready to strike back as Brimstone loses its appeal

THE dispute between Penny's Find Joint Venture partners Empire Resources and Brimstone Resources appears to be over after the Supreme Court of Western Australia threw out an appeal by Brimstone and awarded costs against it.

The court threw out Brimstone's appeal

The court threw out Brimstone's appeal

Empire holds 60% of Penny's Find and acts as the project's manager while unlisted Brimstone holds the remaining 40%. The JV partners fell out over Brimstone's failure to pay a debt of $1.02 million,...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.